Fisher Asset Management LLC Cuts Stock Position in Helen of Troy Limited (NASDAQ:HELE)

Fisher Asset Management LLC trimmed its holdings in shares of Helen of Troy Limited (NASDAQ:HELE - Free Report) by 14.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 419,053 shares of the company's stock after selling 73,010 shares during the quarter. Fisher Asset Management LLC owned approximately 1.76% of Helen of Troy worth $50,626,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Strs Ohio bought a new stake in Helen of Troy during the 3rd quarter worth approximately $93,000. Advisor Partners II LLC purchased a new position in shares of Helen of Troy during the 3rd quarter valued at $202,000. AlphaMark Advisors LLC bought a new position in Helen of Troy in the 3rd quarter worth $219,000. SG Americas Securities LLC increased its stake in Helen of Troy by 101.5% in the 3rd quarter. SG Americas Securities LLC now owns 2,114 shares of the company's stock worth $246,000 after buying an additional 1,065 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in Helen of Troy during the third quarter valued at about $255,000.

Helen of Troy Price Performance

Helen of Troy stock traded up $1.58 during midday trading on Friday, reaching $96.54. 298,322 shares of the stock traded hands, compared to its average volume of 481,292. The company has a quick ratio of 0.99, a current ratio of 1.87 and a debt-to-equity ratio of 0.40. Helen of Troy Limited has a 12 month low of $87.50 and a 12 month high of $143.68. The stock's fifty day moving average is $109.59 and its 200-day moving average is $111.59. The stock has a market cap of $2.30 billion, a P/E ratio of 13.67, a PEG ratio of 1.45 and a beta of 0.82.

Helen of Troy (NASDAQ:HELE - Get Free Report) last posted its earnings results on Wednesday, April 24th. The company reported $2.11 earnings per share for the quarter, beating analysts' consensus estimates of $2.00 by $0.11. Helen of Troy had a net margin of 8.41% and a return on equity of 11.65%. The firm had revenue of $489.20 million during the quarter, compared to analyst estimates of $477.88 million. As a group, equities research analysts anticipate that Helen of Troy Limited will post 8.17 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. UBS Group dropped their price objective on Helen of Troy from $121.00 to $100.00 and set a "neutral" rating for the company in a research note on Thursday, April 25th. DA Davidson cut their price objective on shares of Helen of Troy from $151.00 to $139.00 and set a "buy" rating for the company in a report on Thursday, April 25th. Finally, StockNews.com upgraded shares of Helen of Troy from a "hold" rating to a "buy" rating in a research report on Tuesday, January 9th.

Helen of Troy Profile

Helen of Troy Limited provides various consumer products in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates in two segments: Home & Outdoor and Beauty & Wellness. The Home & Outdoor segment offers food preparation tools and gadgets, storage containers, and organization products; coffee makers, grinders, manual pour overs, and tea kettles; household cleaning products, shower organization, and bathroom accessories; feeding and drinking products, child seating, cleaning tools, and nursery accessories; insulated hydration bottles, hydration packs, drinkware, mugs, food containers, lunch containers, insulated totes, soft coolers, and accessories; and technical and outdoor sports packs, travel packs and accessories, luggage, daypacks, and everyday packs.